Goodwill and Intangible Assets (Tables)
|
12 Months Ended |
Dec. 27, 2015 |
|---|
| Goodwill and Intangible Assets Disclosure [Abstract] |
|
| Schedule of goodwill |
The following table presents goodwill as of December 27, 2015, and December 28, 2014, (in thousands).
|
|
|
|
|
|
|
|
|
|
|
|
2015 |
|
2014 |
Balance at beginning of year |
|
$ |
84,115 |
|
|
$ |
62,525 |
|
Acquisition and adjustment |
|
295 |
|
|
22,953 |
|
Foreign currency translation adjustment |
|
(2,453 |
) |
|
(1,363 |
) |
Balance at end of year |
|
$ |
81,957 |
|
|
$ |
84,115 |
|
|
| Schedule of intangible assets subject to amortization |
The following table presents intangible assets as of December 27, 2015 and December 28, 2014 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2015 |
|
2014 |
|
|
Gross
Carrying
Amount
|
|
Accumulated
Amortization
|
|
Net
Carrying
Amount
|
|
Gross
Carrying
Amount
|
|
Accumulated
Amortization
|
|
Net
Carrying
Amount
|
Intangible assets subject to amortization: |
|
|
|
|
|
|
|
|
|
|
|
|
Franchise rights |
|
$ |
50,878 |
|
|
$ |
(23,904 |
) |
|
$ |
26,974 |
|
|
$ |
50,826 |
|
|
$ |
(20,583 |
) |
|
$ |
30,243 |
|
Leasehold interests |
|
12,991 |
|
|
(6,643 |
) |
|
6,348 |
|
|
12,991 |
|
|
(5,553 |
) |
|
7,438 |
|
Liquor licenses |
|
10,168 |
|
|
(9,751 |
) |
|
417 |
|
|
10,058 |
|
|
(9,548 |
) |
|
510 |
|
|
|
$ |
74,037 |
|
|
$ |
(40,298 |
) |
|
$ |
33,739 |
|
|
$ |
73,875 |
|
|
$ |
(35,684 |
) |
|
$ |
38,191 |
|
Indefinite-lived intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
|
Liquor licenses |
|
$ |
5,834 |
|
|
$ |
— |
|
|
$ |
5,834 |
|
|
$ |
4,288 |
|
|
$ |
— |
|
|
$ |
4,288 |
|
Intangible assets, net |
|
$ |
79,871 |
|
|
$ |
(40,298 |
) |
|
$ |
39,573 |
|
|
$ |
78,163 |
|
|
$ |
(35,684 |
) |
|
$ |
42,479 |
|
|
| Schedule of intangible assets not subject to amortization |
The following table presents intangible assets as of December 27, 2015 and December 28, 2014 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2015 |
|
2014 |
|
|
Gross
Carrying
Amount
|
|
Accumulated
Amortization
|
|
Net
Carrying
Amount
|
|
Gross
Carrying
Amount
|
|
Accumulated
Amortization
|
|
Net
Carrying
Amount
|
Intangible assets subject to amortization: |
|
|
|
|
|
|
|
|
|
|
|
|
Franchise rights |
|
$ |
50,878 |
|
|
$ |
(23,904 |
) |
|
$ |
26,974 |
|
|
$ |
50,826 |
|
|
$ |
(20,583 |
) |
|
$ |
30,243 |
|
Leasehold interests |
|
12,991 |
|
|
(6,643 |
) |
|
6,348 |
|
|
12,991 |
|
|
(5,553 |
) |
|
7,438 |
|
Liquor licenses |
|
10,168 |
|
|
(9,751 |
) |
|
417 |
|
|
10,058 |
|
|
(9,548 |
) |
|
510 |
|
|
|
$ |
74,037 |
|
|
$ |
(40,298 |
) |
|
$ |
33,739 |
|
|
$ |
73,875 |
|
|
$ |
(35,684 |
) |
|
$ |
38,191 |
|
Indefinite-lived intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
|
Liquor licenses |
|
$ |
5,834 |
|
|
$ |
— |
|
|
$ |
5,834 |
|
|
$ |
4,288 |
|
|
$ |
— |
|
|
$ |
4,288 |
|
Intangible assets, net |
|
$ |
79,871 |
|
|
$ |
(40,298 |
) |
|
$ |
39,573 |
|
|
$ |
78,163 |
|
|
$ |
(35,684 |
) |
|
$ |
42,479 |
|
|
| Schedule of estimated aggregate future amortization expense |
The estimated aggregate future amortization expense as of December 27, 2015 is as follows (in thousands):
|
|
|
|
|
2016 |
$ |
4,021 |
|
2017 |
3,911 |
|
2018 |
3,701 |
|
2019 |
3,621 |
|
2020 |
3,094 |
|
Thereafter |
15,391 |
|
|
$ |
33,739 |
|
|